ACCC’s preliminary report into electricity market – Released

The ACCC has released a preliminary report into the electricity market highlighting significant concerns about the operation of the National Electricity Market, which says is leading to serious problems with affordability for businesses and consumers.

The Retail Electricity Pricing Inquiry preliminary report details the ACCC’s initial assessment of information it has gathered including documents and data from industry, consumers, businesses, representative groups and other government and non-government organisations.

The inquiry received over 150 submissions since it began in April 2017.

The Federal Department of Environment and Energy has stated that the final report will be provided to the Treasurer in June.

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